Ray Kelvin nominee on Ted Baker’s board
TED BAKER founder Ray Kelvin has appointed a representative to the company’s board, 18 months after he quit as its boss amid a “forced hugging” scandal and claims of inappropriate behaviour towards staff.
The retailer has appointed Colin La
Fontaine Jackson to be a nominee director on behalf of Mr Kelvin, who still owns almost 12pc of the business.
Mr Kelvin was forced to take a leave of absence in 2018 following claims that he hugged workers who were uncomfortable about it. He was also accused of massaging employees, kissing their ears and asking some to sit on his lap. Mr Kelvin denies wrongdoing. Ted Baker said Mr La Fontaine Jackson’s appointment is part of a relationship agreement which lets the company tap into Mr Kelvin’s expertise for as long as he controls at least a 10pc stake.
Mr La Fontaine Jackson founded corporate finance house Hopton Advisers in 2014.